← Watchtower
March 16, 2026

Nvidia looks cheap relative to its forward growth estimates.

By 2029, the company is projected to generate ~$300B in net income and free cash flow, implying an 8% FCF yield and a 14x forward P/E.

That puts its forward valuation below the broader market and well below its own historical averages.

The secular growth engine isn't slowing down. $NVDA